The Uttar Pradesh assets administrative unit (UP-RERA) has issued a show-cause notice to twenty-two builders and have vulnerable to impose fine of Rs 371 lakhs for not following the order of giving possession on the given date.
Tag Archives: RERA News
Burning Questions on the Implementation of RERA
The governments of several states are on doubts by home buyers who had this firm belief in the fact that they would put a neutral RERA or Real Estate (Regulation and Development) Act into practice that would help them in getting out of the ensnare of delayed delivery of homes while infusing efficiency and transparency …
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RERA Consultants- CRAI or Campaign for RERA Awareness in India
The Indian government has come up with a game changing modification in the real estate arena of India. This game changing improvement is called the Real Estate (Regulation & development) Act or RERA. One of the most important objectives of this Act is bringing about accountability, transparency and further enhancing professionalism in the industry for …
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Major Problem Face by Broker Under the Real Estate Regulatory Authority
The Real Estate regulation and Development Act 2016 is taken action on the real estate agent for the noncompliance. Because of provision, agents and other real estate broker worried a lot in their business due to the major reason such as delays in the submitting the possession of houses , flats , apartments and much …
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Impact of Real Estate Regulatory Authority (RERA) in Real Estate Brokers
From 1st May onwards, every real estate agent has to register his or her name as per the Real Estate (Regulation and Development) Act (RERA). The law was amended and brought into action by the government for the fair practice in the real estate industry. Under the RERA Act, the real estate agents who have …
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Citizens Firmly Demand quick implementation of RERA Act
The citizens of Karnataka organized a protest to address the state government for quick implementation of RERA as soon as possible just two days after the Government passed the Real Estate (Regulation and Development) Act 2016 without suggesting any further changes. The Activist along with some apartment owners and organizations fighting for quick implementation of …
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